Q: Abstract co didn’t get my signature when I put Farm land into llc name 10 yrs ago. What are my options to new buyers?
New buyers want me to correct the deed and get notarized. Is there any monetary value in providing them this information.
Lawyers, want to be a Justia Connect Pro too? Learn more ›
- (865) 637-3035
- View Profile
- Answered
A: You are not clearly stating what the title problem is, but it appears your llc transfer was faulty which happens alot. To convey out, you must cure the cloud on the title, which apparently only needs a correction deed here. If you do not wish to cure the title defect in order to convey merchantable title, the purchasers are not required to pay you under almost any contract of sale. You are usually required to cure the title, and do not get paid to do so unless the purchaser agrees to do so.
Justia Ask A Lawyer is a forum for consumers to get free answers to basic legal questions. Any information sent through Justia Ask A Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between Justia and you, or between any attorney who receives your information or responds to your questions and you, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask A Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises, or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
